North Korea has become the world's third-largest government holder of Bitcoin, following a massive cryptocurrency heist. Here's the detailed breakdown:

North Korea achieved this position through a massive cryptocurrency theft. On February 21, hackers affiliated with North Korea's Lazarus Group infiltrated Bybit, one of the largest cryptocurrency exchanges, stealing approximately $1.46 billion in Ethereum.
A significant portion of these stolen funds was subsequently converted into Bitcoin, boosting North Korea's total holdings to 13,562 BTC

#bitcoin #cryptocurrency #Heist #northkorea

How North Korean hackers stole $1.5 billion in crypto

Hackers thought to be working for the North Korean regime have successfully cashed out hundreds of millions of dollars of their record-breaking $1.5 billion crypto heist.

The criminals, known as the Lazarus Group, swiped a huge haul of digital tokens in an audacious and remarkable hack on the crypto exchange ByBit last month.

Since then, they have been in a cat-and-mouse game with the company and legions of crypto fans trying to stop them from turning the coins into usable cash.

The Lazarus Group is accused of a litany of huge hacks, allegedly to make money for the hermit nation’s weapons program.

#Lazarus #Lazarusgroup #HACK #crypto #BYBIT #BybitHack

🚨 Bitcoin Liquidation Alert: Massive Short Squeeze Incoming

Bitcoin's liquidation map reveals a staggering $3 billion in short liquidations set to trigger at $95,000, potentially fueling an explosive rally. The current price sits at $86,255, with cumulative short liquidation leverage (green) increasing steadily. If $BTC continues its upward trajectory, an intense short squeeze could be on the horizon, forcing liquidations and accelerating price movement past key resistance zones.

The chart shows high liquidation clusters between $85,000 and $90,000, indicating a significant liquidity pocket that could be exploited by market movers. With Binance, OKX, and Bybit contributing to heavy liquidation volumes, traders should prepare for heightened volatility. If BTC surpasses $90,000, an aggressive move toward $95,000+ seems likely as leveraged shorts get wiped out, leading to a potential parabolic extension.
#bitcoin #BitcoinLiquidation #Liquidation #BTC

The Bybit hacker is back at it again, resuming stolen asset laundering activities after a short hiatus!

Bybit hackers resumed transferring and laundering stolen assets after a one-day pause. As of the hacker's 'rest' period yesterday, their address still contained 218,000 ETH, valued at approximately $486 million.

#ETH #BYBIT #BybitHack #cryptoscam #HACK #cryptohack

Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain

Over $240M of ETH has been sent through Thorchain by Lazarus-tagged wallets on Arkham.

https://www.theblock.co/po...

https://x.com/arkham/statu...

#BYBIT #hacker #bitcoin #ETH #ThorChain #cryptoscam

JUST IN 🚨 #BYBIT Has Just Registered With The Government Of #India To Resume Their Trading Services In The Country

Largest crypto heists of all time

Blockchain analytics firm Elliptic has flagged 11,084 cryptocurrency wallet addresses suspected of being linked to the Bybit exploit. That list is expected to grow as investigations continue.

#Blockchain #cryptoheists #cryptocurrency #BybitHack

Bybit hacker launders $335 million as funds continue to move.

Onchain data shows that the hacker has moved 45,900 Ether (ETH) — worth about $113 million — in the past 24 hours, bringing the total amount laundered to more than 135,000 ETH, valued at $335 million.
#BYBIT #BybitHack #HACK #launders #cryptohacker

🚨 BYBIT $1 BILLION HACK BOUNTY SOLVED BY ZACHXBT

zachxbt submitted definitive proof that this attack on Bybit was performed by the LAZARUS GROUP.

#BYBIT #HACK #ZACHXBT #bounty

💥ByBit Hack💥: ‘The largest crypto theft of all time’

Bybit Hackers Move 490,000 ETH Across 49 Addresses, 15,000 cmETH Still Pending Unstake

🚨 BREAKING 🚨

BYBIT FOUNDER SAYS EVEN IF THIS
$1.46 BILLION HACK IS LOST, BYBIT
IS SOLVENT.

🚨 RUMOR 🚨

BYBIT WILL BUY $1.5 BILLION WORTH
OF $ETH TO COVER HACK LOSS.

BREAKING 💥 Crypto exchange Bybit confirms hack as over $1.4 billion worth of ETH leaves wallets

Bybit, the Singapore-based centralized crypto exchange, appears to have been hacked. Early estimates suggest the exchange has lost over $1 billion worth of ETH and significant quantities of other tokens, though the investigation is ongoing.

"Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago. It appears that this specific transaction was musked, all the signers saw the musked UI which showed the correct address and the URL was from Safe. However the signing message was to change the smart contract logic of our ETH cold wallet,"

Bybit co-founder and CEO Ben Zhou posted to X. "This resulted Hacker took control of the specific ETH cold wallet we signed and transferred all ETH in the cold wallet to this unidentified address. Please rest assured that all other cold wallets are secure. All withdraws are NORMAL."

On Tuesday, the exchange announced it would be performing scheduled maintenance on its live server today stretching into tomorrow, which caused controversy as security researchers looked into the suspicious transactions.

The attacker then moved the majority of the funds to a second address, 0xa4b2, which swaps funds using decentralized exchanges, including Uniswap, Paraswap, and KyberSwap.

ByBit says its other hot and cold wallets are unaffected, and only their ETH wallets were impacted. "Bybit is Solvent even if this hack loss is not recovered, all of client assets are 1 to 1 backed, we can cover the loss," Zhou also post